Accurate Wealth Management LLC Invests $339,000 in Motorola Solutions, Inc. (NYSE:MSI)

Accurate Wealth Management LLC acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 744 shares of the communications equipment provider's stock, valued at approximately $339,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FSA Wealth Management LLC bought a new position in Motorola Solutions in the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the third quarter worth about $31,000. Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions during the third quarter worth about $32,000. MidAtlantic Capital Management Inc. bought a new stake in Motorola Solutions during the 3rd quarter valued at approximately $33,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in Motorola Solutions in the 2nd quarter worth approximately $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Bank of America boosted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a "buy" rating in a report on Wednesday, October 23rd. Raymond James upped their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a research report on Friday, November 8th. Barclays lifted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. Morgan Stanley upped their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an "equal weight" rating in a research report on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $504.88.

Motorola Solutions Stock Up 0.5 %

NYSE:MSI traded up $2.53 during trading hours on Friday, hitting $465.23. The company's stock had a trading volume of 611,089 shares, compared to its average volume of 706,363. The stock has a market capitalization of $77.75 billion, a P/E ratio of 50.96, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The stock has a fifty day moving average of $478.00 and a 200-day moving average of $446.98.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. On average, equities analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. This is a positive change from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions's payout ratio is 47.75%.

Motorola Solutions Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.